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Mathematics

Profit And Loss MCQs

Practice Profit And Loss MCQs for competitive exams.

Profit And Loss MCQs

Practice questions from this topic.

A Microwave oven is sold in Hyderabad for Rs. M. A retailer, Elahi from Hyderabad went to Madras and bought it for 25% less (when compared to the price in Hyderabad). He spends Rs. 1.000 on transport to bring it from Madras to Hyderabad. He sold it in Hyderabad for Rs. M making a profit of 10%. Find the value of M (in Rs.).

  1. A. 6,305.8
  2. B. 6,258.8
  3. C. 6,285.7
  4. D. 6,527.9
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Remi earns a profit of 20% on selling an article at a certain price. If she sells the article for Rs. 8 more, she will gain 30%. What is the original cost price of 16 such articles?

  1. A. Rs. 1,152
  2. B. Rs. 1,120
  3. C. Rs. 1,280
  4. D. Rs. 1,200
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A person sells an article for a loss of 18 percent. If he increases the selling price by Rs. 144 and decreases the cost price by 30 percent, then there is profit of 20 percent. What is the original selling price?

  1. A. Rs. 5068
  2. B. Rs. 6124
  3. C. Rs. 5904
  4. D. Rs. 6036
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On selling an article for Rs. 123.40 the gain is 20% more than the amount of loss incurred on selling it for Rs. 108. If the article is sold for Rs. 120.75, then what is the gain/loss percent?

  1. A. Loss 2.5%
  2. B. Loss 5%
  3. C. Gain 2.5%
  4. D. Gain 5%
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A person buys 80 kg of rice and sells it at a profit of as much money as he paid for 30 kg. His profit percent is:

  1. A. $$24frac{3}{{11}}$$
  2. B. 35
  3. C. $$37frac{1}{2}$$
  4. D. 40
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A lady sold an article for Rs. 960 at some profit. Had she sold it for Rs. 800, then there would have been a loss equal to $$frac{1}{3}$$ of the initial profit. What was the profit percentage of the article?

  1. A. $$frac{{50}}{7}% $$
  2. B. $$frac{{10}}{7}% $$
  3. C. $$frac{{100}}{7}% $$
  4. D. $$frac{{150}}{7}% $$
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Shashi sells two articles for Rs. 5,000 each with no loss and no profit in the overall transaction. If one article is sold at $$16frac{2}{3}% $$ loss, then other is sold at a profit of:

  1. A. 25%
  2. B. 24%
  3. C. $$16frac{2}{3}% $$
  4. D. $$18frac{1}{3}% $$
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If the selling price of 7 article is equal to the cost price of 8 articles, then what is the profit percentage (correct to one decimal place)?

  1. A. 15.4%
  2. B. 13.9%
  3. C. 11.7%
  4. D. 14.3%
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The cost of a diamond is directly proportional to the square of its weight. The cost of a 14 gm diamond is Rs. 2560. This diamond got broken down into two pieces in the ratio of 5 : 9. How much loss percent is incurred due to this breakage? (Correct to two decimal places)

  1. A. 55.41%
  2. B. 45.92%
  3. C. 49.71%
  4. D. 53.47%
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By selling two articles for Rs. 800, a person gains the cost price of three articles. The profit percent is:

  1. A. 125
  2. B. 140
  3. C. 120
  4. D. 150
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The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the article is sold for Rs. 448. What will be the selling price of the article if it is sold at a 10% loss?

  1. A. Rs. 576
  2. B. Rs. 540
  3. C. Rs. 625
  4. D. Rs. 640
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Anil bought two articles A and B at a total cost of Rs. 10,000. He sold the article A at 15% profit and the article B at 10% loss. In the whole deal, he made no profit or no loss. Find the selling price of the article A.

  1. A. Rs. 4,500
  2. B. Rs. 5,400
  3. C. Rs. 4,600
  4. D. Rs. 4,200
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